IPG Photonics Corporation (NASDAQ:IPGP) Stock Has Average Target Price of $142.60 According to Analysts

IPG Photonics Corporation (NASDAQ:IPGP) has received an average recommendation of “Moderate Buy” from the eight ratings firms that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $142.60.

Several equities analysts have recently commented on the company. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of IPG Photonics in a research report on Monday, September 21st. Needham & Company LLC increased their target price on IPG Photonics from $110.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, July 17th. Finally, Citigroup dropped their price target on IPG Photonics from $150.00 to $137.00 and set a “buy” rating for the company in a report on Tuesday, August 11th.

Insider Transactions at IPG Photonics

In other news, Director John Peeler acquired 2,710 shares of the firm’s stock in a transaction on Wednesday, August 26th. The shares were purchased at an average cost of $73.58 per share, with a total value of $199,401.80. Following the acquisition, the director directly owned 20,886 shares in the company, valued at $1,536,791.88. This represents a 14.91% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, major shareholder Fibre Devices Ltd Ip sold 27,000 shares of the stock in a transaction on Friday, July 31st. The stock was sold at an average price of $85.81, for a total value of $2,316,870.00. Following the transaction, the insider owned 6,436,302 shares in the company, valued at $552,299,074.62. The trade was a 0.42% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 160,959 shares of company stock valued at $14,754,428. Corporate insiders own 37.50% of the company’s stock.

Hedge Funds Weigh In On IPG Photonics

Institutional investors and hedge funds have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd raised its stake in IPG Photonics by 184.4% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 455 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 295 shares in the last quarter. MCF Advisors LLC bought a new stake in IPG Photonics in the 2nd quarter valued at about $38,000. Versant Capital Management Inc boosted its holdings in IPG Photonics by 42.2% in the 3rd quarter. Versant Capital Management Inc now owns 495 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 147 shares during the period. Rockefeller Capital Management L.P. grew its position in shares of IPG Photonics by 43.0% during the 4th quarter. Rockefeller Capital Management L.P. now owns 552 shares of the semiconductor company’s stock worth $40,000 after purchasing an additional 166 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its position in shares of IPG Photonics by 83.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 524 shares of the semiconductor company’s stock worth $41,000 after purchasing an additional 239 shares in the last quarter. 93.79% of the stock is currently owned by institutional investors and hedge funds.

IPG Photonics Stock Performance

Shares of IPGP stock opened at $73.76 on Friday. IPG Photonics has a 52 week low of $69.41 and a 52 week high of $155.82. The company has a market capitalization of $3.14 billion, a price-to-earnings ratio of 113.48, a PEG ratio of 1.77 and a beta of 0.97. The company has a 50-day simple moving average of $78.68 and a 200 day simple moving average of $98.78.

IPG Photonics (NASDAQ:IPGP) last released its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.21. The firm had revenue of $278.58 million for the quarter, compared to analysts’ expectations of $279.98 million. IPG Photonics had a net margin of 2.58% and a return on equity of 3.39%. The business’s revenue was up 11.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.16 EPS. IPG Photonics has set its Q3 2026 guidance at 0.300-0.600 EPS. Sell-side analysts forecast that IPG Photonics will post 1.86 EPS for the current year.

IPG Photonics Company Profile

IPG Photonics Corporation (NASDAQ: IPGP) develops and manufactures high-performance fiber lasers and related optical systems. Its products include fiber, diode, solid-state, ultrafast and pulsed lasers, as well as optical amplifiers, beam-delivery systems and other components used in industrial and specialized applications.

The company’s laser technologies are used for materials processing, including cutting, welding, marking, engraving, drilling, cladding and additive manufacturing. IPG Photonics also supplies systems and solutions for applications in communications, medical technology, scientific research, entertainment and other markets that require precision light sources.

Founded in 1990 by physicist Valentin Gapontsev, IPG Photonics is headquartered in Oxford, Massachusetts.